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Talos is seeking to accelerate institutional adoption of digital assets

Talos is seeking to accelerate institutional adoption of digital assets

Talos is an institutional technology provider for cryptocurrency trading. It has secured $40 million in Series A funding from some of the most prominent venture capitalists in the digital asset market.

Andreessen Horowitz

Andreessen Horowitz also participated. He leads a 4$0 million investment round into the Crypto trading platform. PayPal ventures, Fidelity Investments, Galaxy Digital, Elefund, Illuminate Financial, and Steadfast Capital Ventures also participated.

Series A Funding

In addition, Talos said that Series A Funding would help bootstrap the expansion of its institutional trading platform. Moreover, the company provides fund managers and other Institutions with liquidity Sourcing, direct market access, along clearing and settlement services.

Other Clients

The clients also include buy-side Institutions and financial service providers like banks, broker-dealers, OTC desks, custodians, and exchanges.

Anton Katz

Anton Katz, Talo’s co-founder, and CEO said that his firm had gained significant traction over the last two years in attracting new institutional clients. He further added that they are now partnering with some of the most prominent players in the global financial markets.

Arianna Simpson

They can realize their goal of providing the fabric for institutional trading of digital assets around the world. Arianna Simpson, a partner at Andreessen, said that they had reached an inflection point. Thus, widespread institutional adoption will progress only with robust expansive and institutional-grade market infrastructure in place.

Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Crypto is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Crypto market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.